Don't act in our interest

Smh

CBN Act (2007) declaring it as the issuer of legal tender in Nigeria.

Emeifile or what is your name, the CBN act declared the cbn as the issuer of legal tenders but cryptocurrencies are not legal tenders. The US has classified these as property in their country. Why can't u do same.

Classify them as property and tax the gains if of course you are ready to do tax refunds on losses.

The cbn will cancel anything they can't comprehend

Sharrap make thunder no fire u there,

You banned it because your fulani master asked you to do so and because the northern Senate and rep members in the house clamoured for the banned,

Nigeria , indeed a piss and shitehole

Foolishbuhari:
What best interest? You didn’t think, you didn’t study the world trend. You just jumped up and banned what you have no single control over.

Central banks of the world are keying into this. Some weeks ago, I brokered on a deal for the central bank of Singapore on bitcoins acquisition. Kenya's central bank is going crypto. Stupid Emefiele thinks he can ban crypto currencies. He's been unable to bring sanity to banking sector with their arbitrary charges. Bitcoins is his problem. Foolish man

I am still trying to understand how he became governor of the cbn and why he is still retained except to do the bidding of some uneducated bigots who have no business in growing the naira or adding value to it.

A governor whose only purpose is to stabilize the naira yet the devaluation of the naira is increasing on a daily basis.....how is it in the interest of Nigerians?

If you are worried with the new CBN policy on bitcoin and other Cryptocurrencies, we got your back. The money you invested into bitcoin can be sent to your Naira or Dollar account with no worries. Text this number on WhatsApp for more details. +12678283009.

The federal government serves United States interests.

The Central Bank of Nigeria (CBN) has targeted cryptocurrency use in Nigeria, because the United States Federal Bureau of Investigation (FBI) has complained that 200 to 300 million dollars is transferred per week from the United States to Nigeria using cryptocurrency.

What do you know that emiefele doesn’t ? And without insult please articulate your answers, because I am interested

And oh India and China banned, why would that happen?

Foolishbuhari:
What best interest? You didn’t think, you didn’t study the world trend. You just jumped up and banned what you have no single control over.

Central banks of the world are keying into this. Some weeks ago, I brokered on a deal for the central bank of Singapore on bitcoins acquisition. Kenya's central bank is going crypto. Stupid Emefiele thinks he can ban crypto currencies. He's been unable to bring sanity to banking sector with their arbitrary charges. Bitcoins is his problem. Foolish man

To think that this man is even an Ibo man makes it more disappointing. Ibos are not known for acts like these.

Emefiele, admit that you acted in IGNORANCE

It is okay to admit this!

Na so them go always put am

Emefiele will have a bitcoin account ,most of politicians do have cryptocurrency where the convert there stolen monies to avoid investigation

Everyday the Nigerian bank customers are loosing huge sums of money to thieves, scammers and corrupt activities of some bank officials yet the banks are not protecting the customers or compensation yet this mofo is here talking dust. Banks do illegal deductions from customers accounts nothing is done yet this one with his head like a dying vulture is here spewing rubbish. Continue banning the digital currency in your blind reasoning

miky:
What do you know that emiefele doesn’t ? And without insult please articulate your answers, because I am interested

And oh India and China banned, why would that happen?

Maybe China and India are also clueless, crypto... Is very dangerous to any country, even the almighty US

Foolishbuhari:
What best interest? You didn’t think, you didn’t study the world trend. You just jumped up and banned what you have no single control over.

Central banks of the world are keying into this. Some weeks ago, I brokered on a deal for the central bank of Singapore on bitcoins acquisition. Kenya's central bank is going crypto. Stupid Emefiele thinks he can ban crypto currencies. He's been unable to bring sanity to banking sector with their arbitrary charges. Bitcoins is his problem. Foolish man

Lazy youth. You did not read but rushed to comment only based on subject of post.

Please you can relocate to these countries supporting it now. Why the unnecessary wailing

martolux:
I later realized that as well. The decision will favour the newbie that are just investing without knowing fully the kind of business they are investing into. Imagine 5 million Nigerian newbies investing N15B buying BTC at the bull price of $50k, what would happen to those newbies and Nigeria's economy if btc falls back to $10k?

See below

So they can't create strong financial securities to curtail flaws instead?

CyberEBOLA:
He thinks the ban really stopped cryptocurrency trading/exchange in Nigeria?
Hahahahaha! The ban is as effective as nothing!

My people if that ban is restricting you from trading bitcoin and co, you have no reason to be in the cryptocurrency market in the first place because you are too dull!

Ok, I want to convert some bitcoins to naira. How do do it?

Foolish man trying to please his Hausa masters. Beaurea De Change no dey make money like before, enu won ti gbe

Officialhorlah:

https://www.sunnewsonline.com/cryptocurrency-we-acted-in-nigerians-best-interest-emefiele/

IS FINTECH THE PROBLEM OF NIGERIA?

WHY REGULATE "FINTECH" WITHOUT FIRST REGULATING YOUR POLITICIANS ??

WE BLESS GOD FOR NIGERIAN DIASPORA.

martolux:
I later realized that as well. The decision will favour the newbie that are just investing without knowing fully the kind of business they are investing into. Imagine 5 million Nigerian newbies investing N15B buying BTC at the bull price of $50k, what would happen to those newbies and Nigeria's economy if btc falls back to $10k?

Nothing will happen!!okay what will happen if/when it raises huh? I guess You have no idea how much people have lost in sport betting and what happened to the economy? The useless CBN/govt are just pained they aren't getting taxes from it,not like they care.wise up man!!

Governor that is doesnt understand the digital space yet, CANT RE-THINK POSSIBLE

yommen:
To think that this man is even an Ibo man makes it more disappointing. Ibos are not known for acts like these.

A Delta Igbo is not a true Igbo. We are no longer in the era of regional government.
Same way the Benue, Plateau and Kwara are not what they claim to be as we've been told to believe for political mischief makers.

Basher8583:


Lazy youth. You did not read but rushed to comment only based on subject of post.

Please you can relocate to these countries supporting it now. Why the unnecessary wailing

You should probably take your stupidity to daura. We don't need it here.

You acted in your own best interest...

That is going to be world currency or means of exchange in 50years time. Backward bozzos

PoliteActivist:


Ok, I want to convert some bitcoins to naira. How do do it?

Cryptocurrency transactions can't be banned...cos it is an open source and also decentralized....if you can't improvise on the platform you have your coins funds then just use P2P and have your buyer pay into your bank account with other legal tender value higher than Naira.....what trading platform are you? Good Morning

Nowadays you can bypass if you are using Binance.

Anyways I'm open to all crypto deals and consumables locomotives sales.

Proactivity Leads To Productivity!!!
@SeniorWriter

martolux:
I later realized that as well. The decision will favour the newbie that are just investing without knowing fully the kind of business they are investing into. Imagine 5 million Nigerian newbies investing N15B buying BTC at the bull price of $50k, what would happen to those newbies and Nigeria's economy if btc falls back to $10k?

Now use the other half ot your brain to ask what will happen to those newbies if btc rises to $100k?
If there can be a fall there can also be a rise. Reason fully.